Purdue Pharma and Sackler Family Settle for $7.4 Billion Amid Opioid Crisis Lawsuits

Reported about 8 hours ago

Purdue Pharma and its owners, the Sackler family, have agreed to pay up to $7.4 billion to settle lawsuits related to the impact of OxyContin, a powerful prescription painkiller. This agreement, which replaces a previous settlement rejected by the U.S. Supreme Court, includes contributions from the Sacklers of $6.5 billion along with Purdue's contribution of nearly $900 million. The settlement aims to provide compensation for opioid crisis victims and is one of the largest deals in recent years, though it requires court approval and further finalization.

Source: YAHOO

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